MULESHOE RANCH

Name: MULESHOE RANCH lease production and value, Jul 1994 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by PATTERSON PETROLEUM, INC. (P-5 643392) in the GOOD, SE. (CANYON REEF) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 67266District 8AField 35744333OilCasinghead gasSave Export

Value, all time

$1.6 M

Jul 1994 – Nov 1999

Value, last 12 filed months

$2 k

at the published price for each month

Months reported

no gaps in the span

Streams

oil, casinghead gas

The GOOD, SE. (CANYON REEF) field

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 7 leases and 13 wells, and the rule below applies to all of them.

Discovered

1959-09-01

as the register files it

Field class

Oil

the register's own label

Between wells

1,320 ft

minimum

From a lease line

550 ft

minimum

A drilling unit in this field needs at least 80 acres.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

Stream	Basis	Volume	Value
Oil	Disposition	85,098 bbl	$1,508,538
Casinghead gas	Production	75,846 Mcf	$68,678
Total			$1,577,215

48,027 Mcf of this lease's gas, across 30 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 32.5957, -101.5709. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.59568, -101.57093 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule

100.0%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

8,185 ft

1 wells filed one

Completion to plug

5.3 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

1100.0%

NeitherNo plug date, and not on the schedule.

00.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 8,185 ft.

Completions filed

Jul 1994

1 of 1 wells

Plug dates filed

Oct 1999

1 of 1 wells

Last completion to plug: a median of 5.3 years across the 1 well that filed both dates, with the middle half between 5.3 years and 5.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-03331587	4401	8,185 ft	Jul 1994	Oct 1999	Yes

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (65)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

65 months


Nov 1999	0	0	23.19	2.43	$0
Oct 1999	0	0	20.98	2.80	$0
Sep 1999	0	0	21.75	2.62	$0
Aug 1999	0	0	19.26	2.88	$0
Jul 1999	0	0	17.89	2.37	$0
Jun 1999	0	0	15.94	2.36	$0
May 1999	0	0	15.79	2.32	$0
Apr 1999	0	0	15.10	2.21	$0
Mar 1999	0	0	12.47	1.84	$0
Feb 1999	0	0	9.98	1.82	$0
Jan 1999	237	8	10.38	1.90	$2,475
Dec 1998	0	0	9.20	1.77	$0
Nov 1998	0	0	10.89	2.19	$0
Oct 1998	0	0	12.42	1.97	$0
Sep 1998	0	0	12.59	2.08	$0
Aug 1998	0	0	11.30	1.91	$0
Jul 1998	0	0	11.74	2.24	$0
Jun 1998	434	429	11.24	2.24	$5,838
May 1998	814	952	12.62	2.21	$12,373
Apr 1998	474	1,105	13.04	2.51	$8,949
Mar 1998	961	1,106	12.80	2.31	$14,855
Feb 1998	472	967	13.95	2.30	$8,808
Jan 1998	941	1,194	14.70	2.15	$16,406
Dec 1997	1,410	1,278	16.32	2.41	$26,093
Nov 1997	961	1,355	18.19	3.09	$21,665
Oct 1997	934	1,420	19.25	3.15	$22,452
Sep 1997	1,416	1,584	17.74	2.95	$29,800
Aug 1997	1,405	1,891	17.86	2.55	$29,924
Jul 1997	1,343	1,985	17.58	2.25	$28,070
Jun 1997	1,889	2,099	17.24	2.26	$37,304
May 1997	481	889	18.97	2.31	$11,177
Apr 1997	1,896	1,727	17.88	2.08	$37,497
Mar 1997	2,353	2,796	18.95	1.94	$50,011
Feb 1997	2,382	2,890	20.49	2.21	$55,182
Jan 1997	1,937	2,144	23.48	3.54	$53,070
Dec 1996	1,886	1,942	23.32	—	$43,982
Nov 1996	1,928	2,042	21.97	—	$42,358
Oct 1996	2,379	2,369	23.31	—	$55,454
Sep 1996	1,892	2,200	22.22	—	$42,040
Aug 1996	1,879	2,267	20.26	—	$38,069
Jul 1996	2,796	2,852	19.55	—	$54,662
Jun 1996	2,817	2,781	18.73	—	$52,762
May 1996	2,825	3,062	19.43	—	$54,890
Apr 1996	1,405	1,218	21.51	—	$30,222
Mar 1996	1,456	1,306	19.38	—	$28,217
Feb 1996	1,426	1,222	16.98	—	$24,213
Jan 1996	1,374	1,274	17.07	—	$23,454
Dec 1995	1,419	1,403	17.19	—	$24,393
Nov 1995	1,891	1,400	16.00	—	$30,256
Oct 1995	1,410	938	15.43	—	$21,756
Sep 1995	1,920	1,792	16.18	—	$31,066
Aug 1995	2,392	1,986	15.92	—	$38,081
Jul 1995	1,910	2,098	15.24	—	$29,108
Jun 1995	1,912	1,871	16.41	—	$31,376
May 1995	1,909	1,452	17.56	—	$33,522
Apr 1995	1,447	599	17.73	—	$25,655
Mar 1995	2,274	717	16.44	—	$37,385
Feb 1995	2,336	841	16.58	—	$38,731
Jan 1995	2,368	1,379	15.92	—	$37,699
Dec 1994	2,828	1,507	15.03	—	$42,505
Nov 1994	2,900	1,531	15.90	—	$46,110
Oct 1994	3,227	1,661	15.58	—	$50,277
Sep 1994	3,067	1,448	15.29	—	$46,894
Aug 1994	2,828	822	16.13	—	$45,616
Jul 1994	257	47	17.56	—	$4,513

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Jan 1999 — as filed, then multipliedworked

Oil                  237 bbl  × $ 10.38 =     $2,460
Casinghead gas         8 Mcf  × $  1.90 =        $15

────────────────────────────────────────────────────
Month total                                   $2,475

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 8A/O/67266 is the state's own key, not one this site invented.